$15,000 Grant to 1st Time Buyers

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This building at 1400 Pennsylvania Avenue is undergoing extensive concrete restoration, as are many older buildings in the neighborhood. The costs of these repairs are difficult for many current homeowners to absorb and become another obstacle to 1st time homebuyers with limited funds.

As a result, the Bank of America has announced a $15,000 grant program to 1st time homebuyers.  This can be used as a down payment and will not have to be repaid to the Bank.  In addition the Bank will also pay non-recurring closing costs for the Buyer.

Unit 16 and 35 are currently on the market for $175,000 each, already affordable by Miami Beach standards, and this grant might be a down payment for someone.

Investment Bundle of Studio Units

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Coming soon to the market is a bundle of 9 Studio units with parking.  All are located in South Beach between 8th St. & Espanola Way, and from West Ave. to Pennsylvania Ave.  Also in this bundle is a PH level 1BR unit at the Mondrian Hotel.  Broker Compensation is being offered at 3% for all of the units.

View from Entry

905 Michigan Avenue

Murano 1BR Lower Penthouse

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641 Espanola Way #2

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Nice Studio Unit on famous Espanola Way, in a desirable, well maintained and secure building in a convenient South Beach location.  The first floor unit has bright afternoon light, and assigned parking is available from the association.  It is available for an annual lease at $1,800/month or to purchase for $229,000.  Currently vacant and easy to show.

Just Closed

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